Case Studies
Track Record
Real deals — with numbers, strategies and risk analysis
Studio Flip in Batumi — Black Sea Towers
Batumi, Heroes' Avenue
ROI
~41% p.a.
Property price
$34,000
Profit
+$13,000
Duration
8 months
Studio Flip — 2nd Beachfront Line, Batumi
Batumi, 2nd beachfront line
ROI
~70% p.a.
Property price
$36,000
Profit
+$15,000
Duration
5 months
Buying Below Pre-Sale Price — Two Apartments in Batumi
Batumi, 4th Coastline, Angisa St.
ROI
~141% / 3 mo.
Price of two properties
$110,400
Profit
+$15,600
Duration
3 months
Discounted Rental Strategy — Isani, Tbilisi
Tbilisi, Isani district
ROI
~8.3% p.a.
Property price
$52,000
Profit
+$5,720 / year
Duration
12 months
Apartment Split Flip — Vake, Tbilisi
Tbilisi, Vake
ROI
~65% p.a.
Property price
$60,000
Profit
+$20,000
Duration
5 months
Long-Term Flip with Staged Financing — Saburtalo, Tbilisi
Tbilisi, Saburtalo
ROI
~12% p.a.
Property price
$96,000
Profit
+$56,000
Duration
3 years
Pre-Sale Price Growth — Saburtalo
Tbilisi, Saburtalo
ROI
+75% / 2 yr.
Deal Entry
$88,000 ($1,600/m²)
Profit
+$60,500 (projected)
Duration
3 years (2 years elapsed)
Leveraged Arbitrage with Developer — 9 Studios, Tbilisi
Tbilisi
ROI
~100% / 4 mo.
Deal Entry
$57,250 deployed. 20% reserve ($94,500) unused
Profit
+$57,500
Duration
4 months
Distress Deal: Buy, Renovate & Resell — Calligraphy Towers, Batumi
Batumi, Heroes' Avenue, Calligraphy Towers
ROI
30% / 3 mo.
Property price
$85,000
Profit
+$30,000
Duration
3 months
Entire Floor Acquisition & Resale — Large-Scale Deal, Tbilisi
Tbilisi
ROI
~40–50% p.a.
Deal Entry
$960,000. 6-month instalment
Profit
+$240,000
Duration
6–8 months